Market Overview:
The global pancreatin powder market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for pancreatin powder from the food processing and pharma industries. Pancreatin is a mixture of digestive enzymes that helps in breaking down proteins, carbohydrates, and fats into simpler forms that can be easily absorbed by the body. It is available in different types such as 6X USP, 4X USP, 1X USP, and others. The 6X USP type is most commonly used due to its high enzyme content. North America accounted for the largest share of the global pancreatin powder market in 2017 owing to the presence of major players operating in this region and rising demand for processed foods.
Product Definition:
Pancreatin Powder is a powder that is made from the pancreas of pigs or cows. Pancreatin is used to help digest food.
6X USP:
6X USP is a special formulation of Pancreatin. It has six times the amount of trypsinogen as regular pancreatic enzyme and henceforth helps in expelling more pancreatic juices from the cells, which in turn increases its effectiveness by around 60%.
The product also helps to reduce the incidence rate of jaundice and other associated problems. Hence it is widely used for treating patients with acute pancreatitis, cystic fibrosis, and cancer among others.
4X USP:
4X USP is a process of purification used for the separation of pancreatic juice components. It helps in concentrating the juices and removing impurities present in it. 4X USP is also known as P-glycoprotein, protease, amylase trypsin inhibitor and lipase inhibitor.
It helps to increase the solubility of pancreatic enzymes thus increasing their absorption rate when taken with meals.
Application Insights:
The food processing application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. Pancreatin has been used as an active ingredient in manufacturing dietary supplements, which are widely consumed by athletes for muscle endurance and strength maintenance. The product is also being increasingly utilized as a sports supplement owing to its ability to increase lean body mass, improve performance & stamina, reduce fatigue and enhance immunity.
Pancreatin is gaining popularity as a functional food owing to its ability to regulate blood sugar levels along with improving digestive health without causing any side effects or allergic reactions among consumers across the globe. Furthermore, increasing awareness regarding weight management among individuals suffering from diabetes or obesity will boost industry growth over the coming years.
Regional Analysis:
North America is expected to be the fastest growing regional market for pancreatin powder over the forecast period. The growth of this region can be attributed to increasing product demand in food processing and pharmaceutical industries. In addition, rising prevalence of diabetes in North America is anticipated to fuel product demand. Asia Pacific is estimated to be the second-largest regional market for pancreatin powder on account of high unmet medical needs coupled with rapidly expanding pharmaceutical industry in countries such as China, India, and Japan.
Growth Factors:
- Increasing demand for pancreatin powder as a digestive enzyme supplement
- Rising prevalence of gastrointestinal disorders
- Growing awareness about the benefits of pancreatin powder supplements
- Technological advancements in the manufacturing of pancreatin powders
- increasing number of research studies on the benefits of pancreatin powder
Scope Of The Report
Report Attributes
Report Details
Report Title
Pancreatin Powder Market Research Report
By Type
6X USP, 4X USP, 1X USP, Others
By Application
Food Processing, Pharma Industry, Others
By Companies
Shenzhen Hepalink, Nordmark, Sichuan Deebio, Sichuan Biosyn, Chongqing Aoli, ALI, Geyuan Tianrun, BIOZYM, Spectrum Chemicals
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Pancreatin Powder Market Report Segments:
The global Pancreatin Powder market is segmented on the basis of:
Types
6X USP, 4X USP, 1X USP, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Processing, Pharma Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Shenzhen Hepalink
- Nordmark
- Sichuan Deebio
- Sichuan Biosyn
- Chongqing Aoli
- ALI
- Geyuan Tianrun
- BIOZYM
- Spectrum Chemicals
Highlights of The Pancreatin Powder Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 6X USP
- 4X USP
- 1X USP
- Others
- By Application:
- Food Processing
- Pharma Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pancreatin Powder Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pancreatin powder is a supplement that is made from the pancreas of pigs or cows. It is used to treat pancreatitis, a condition in which the pancreas becomes inflamed. Pancreatin powder can also be used to help prevent pancreatitis from occurring in the first place.
Some of the major players in the pancreatin powder market are Shenzhen Hepalink, Nordmark, Sichuan Deebio, Sichuan Biosyn, Chongqing Aoli, ALI, Geyuan Tianrun, BIOZYM, Spectrum Chemicals.
The pancreatin powder market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pancreatin Powder Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Pancreatin Powder Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pancreatin Powder Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Pancreatin Powder Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Pancreatin Powder Market Size & Forecast, 2018-2028 4.5.1 Pancreatin Powder Market Size and Y-o-Y Growth 4.5.2 Pancreatin Powder Market Absolute $ Opportunity
Chapter 5 Global Pancreatin Powder Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pancreatin Powder Market Size Forecast by Type
5.2.1 6X USP
5.2.2 4X USP
5.2.3 1X USP
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pancreatin Powder Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pancreatin Powder Market Size Forecast by Applications
6.2.1 Food Processing
6.2.2 Pharma Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pancreatin Powder Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pancreatin Powder Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pancreatin Powder Analysis and Forecast
9.1 Introduction
9.2 North America Pancreatin Powder Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pancreatin Powder Market Size Forecast by Type
9.6.1 6X USP
9.6.2 4X USP
9.6.3 1X USP
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pancreatin Powder Market Size Forecast by Applications
9.10.1 Food Processing
9.10.2 Pharma Industry
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pancreatin Powder Analysis and Forecast
10.1 Introduction
10.2 Europe Pancreatin Powder Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pancreatin Powder Market Size Forecast by Type
10.6.1 6X USP
10.6.2 4X USP
10.6.3 1X USP
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pancreatin Powder Market Size Forecast by Applications
10.10.1 Food Processing
10.10.2 Pharma Industry
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pancreatin Powder Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pancreatin Powder Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pancreatin Powder Market Size Forecast by Type
11.6.1 6X USP
11.6.2 4X USP
11.6.3 1X USP
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pancreatin Powder Market Size Forecast by Applications
11.10.1 Food Processing
11.10.2 Pharma Industry
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pancreatin Powder Analysis and Forecast
12.1 Introduction
12.2 Latin America Pancreatin Powder Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pancreatin Powder Market Size Forecast by Type
12.6.1 6X USP
12.6.2 4X USP
12.6.3 1X USP
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pancreatin Powder Market Size Forecast by Applications
12.10.1 Food Processing
12.10.2 Pharma Industry
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pancreatin Powder Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pancreatin Powder Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pancreatin Powder Market Size Forecast by Type
13.6.1 6X USP
13.6.2 4X USP
13.6.3 1X USP
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pancreatin Powder Market Size Forecast by Applications
13.10.1 Food Processing
13.10.2 Pharma Industry
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pancreatin Powder Market: Competitive Dashboard
14.2 Global Pancreatin Powder Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shenzhen Hepalink
14.3.2 Nordmark
14.3.3 Sichuan Deebio
14.3.4 Sichuan Biosyn
14.3.5 Chongqing Aoli
14.3.6 ALI
14.3.7 Geyuan Tianrun
14.3.8 BIOZYM
14.3.9 Spectrum Chemicals